15 countries covering nearly a third of the world’s gross domestic product agreed to sign up for the Regional Comprehensive Economic Partnership (RCEP) in February 2020
Mexico expects U.S. lawmakers to soon begin the process of approving USMCA now that President López Obrador has promised wage increases and funding for labor reforms
A delegation of Democrats met with President López Obrador to discuss Mexico’s labor
The investigation leading to impeachment against U.S. President Donald Trump could further delay the ratification of the trade deal between Mexico, the U.S., and Canada that would replace the current North American Free Trade Agreement (NAFTA)
Meanwhile, the Economy Ministry said it would continue to support the affected Mexican firms
The U.S. Commerce Department said local producers were being harmed by steel imports from Mexico and China
Trump had imposed the global “Section 232” tariffs of 25% on steel and 10% on aluminum in March 2018
Top agriculture officials from both countries met in Japan to discuss this trade opportunity
The tariff measures imposed by Trump are in direct violation of the WTO safeguards agreement
The new administration launched a program to train the youth so that they obtain skills and join the workforce